Megan Fox said at the Armani Privé couture show that she is going to star in a fashion campaign for "a worldwide brand." [WWD]

Lipstick sales may not actually spike during a recession, but that doesn't mean you can't make money off the colorful tubes. If you want to have a go at naming designer Chris Benz's shade of Lancôme lipstick, which will be worn by models at his September show as well as sold to the public, you could win a $500 gift certificate and a whole bunch of the lipsticks. And even if you aren't into lipsticks, you can re-sell these limited-edition rouges on eBay. One of Proenza Schouler's Lancôme lipsticks went for $120. Write your suggestions on Benz's Facebook fan page and wait for the money to roll in. [Fashionista]

Karen O of the Yeah Yeah Yeahs wore a giant, caped caftan printed with lobsters and multi-colored eyeballs to Glastonbury. She topped it off with a Native-American-inspired headdress made of fringed hands of Fatima. [British Vogue]

Meanwhile Roberto Cavalli, the animal-print-enamored designer who says "I don't know anything about the financial crisis," is opening a made-to-measure service. While it won't technically be a couture collection, it will hit a couture price point: The cheapest item is a $41,000 cocktail dress. [WWD]

Louise Wilson, head of the fashion design M.A. program at Central St. Martins in London, shared some harsh words for her students and her industry in an interview with Cathy Horyn. "There are immensely talented people around but I feel huge vortexes of them are sucked into this mediocre world where nobody criticizes and it's all terribly politically correct. Even journalists are the same. You now hardly get a bad a review. In their mind the journalists are supporting the industry, so they don't want to dish it. For me it's that banality of what is youth....[A]nother thing I've noticed today — everything is farmed out. Someone else is going to cut it, and someone else is going to supply the fabrics. The hands-on gets more and more removed. If Lee McQueen or Christopher Kane had nothing, they could still make their garments. They have the skills. I think the problem is that fashion has become too fashionable. For years, fashion wasn't fashionable. Today fashion is so fashionable that it's almost embarrassing to say you're part of fashion. All the parodies of it. All the dreadful magazines. That has destroyed it as well, because everybody thinks fashion is attainable." [OnTheRunway]

For her part, Miley Cyrus says of her upcoming collection for Wal-Mart, designed with Max Azria, "The jeans are my favorite part of the entire line. Because, like, literally this is going to be good for, like, Middle America, and it will be great for kids that really want to be in fashion but that don't have it available." [Sassybella]

Cheaper designer clothes are our manifest economic destiny! Retailers are requesting collections be produced to hit a much wider range of price points — and designers are mostly happy to comply. [WWD]

After winning the Council of Fashion Designers of America womenswear award last month for their label Rodarte, the Mulleavy sisters vacationed at Yellowstone National Park, where they saw herds of bison. They would like to go to Redwood National Park next. [W]

Unsurprisingly, the Dior atelier was a hive of activity prior to yesterday's couture show, the first the company has done in-house in some time. The seamstresses and tailors worked through the night, and the towering floral displays took 4,000 roses to construct. The audience of 500 was actually smaller than the crowds were at some of Christian Dior's own shows at the salon in the 1950s, because fire codes now prevent, for example, letting guests sit on the stairs. [WWD]

New York Times critic Cathy Horyn's review just went up on her blog. She liked Galliano's collection, although she did admit to needing to "mentally erase the distraction" of certain of the lingerie-inspired elements. "Despite the archive references, the collection didn't feel archival. Every delicate, restrained tuck of the jackets made the difference, as did the emphasis on short dresses and modest splashes of embroidery. There were a few big skirts at the end, including one with a tiny beige silk corset and layers of white tulle, but longer lengths now seem as annoying as Rapunzel's hair. Oh, just chop it off." [OnTheRunway]

A judge has upheld designer Anand Jon Alexander's convictions for rape and sexual assault of young women models despite juror misconduct. During the trial, one juror passed a note to Sanjana Alexander, the designer's sister, and she subsequently called him, twice, to discuss the case. Sanjana Alexander alleged the juror asked for money or sex as a bribe to influence the verdict, but this was not evident from her secret recording of one conversation. The judge held that both Sanjana Alexander and the juror, Alvin Dymally, committed misconduct, and found them both to be in contempt of court, but did not agree that the "trifling" misconduct cast doubt upon the jury's verdicts. Anand Jon Alexander, who was automatically sentenced to life in prison, has vowed to appeal. [LATimes]

When they left U.S. soil, Michelle Obama was wearing the Talbots dress from her Essence cover, Sasha was wearing more Crewcuts — and Malia appears to be wearing a See by Chloé skirt. Designer birthday present? [ABC]